Abo Cipolla Financial Forensics, involved in many a partner/shareholder disputes, has been on a mission for so long in pressing for owners or partners in a business to establish a buy-sell agreement. We believe it is essential to protect your business interest and to provide a source of funds for your family especially if death occurs or a sudden disability that no longer enables you to work. Hey, even if you’re a lawyer you think your needing such an agreement is any less?

 The buy-sell agreement designates a buyer for your business interest and establishes a formula for valuing your business interest. Despite its importance, many business owners and partners (lawyers, too) neglect preparing or even updating this agreement because of its complexity, the cost associated with drafting the agreement or because they cannot face their own mortality. Has not the Pandemic at least shown us no one’s business is “bullet proof” nor anyone’s health a “given”? Click on the attached pdf file to continue reading.